SHORT AUDCAD
DISCLAIMER The info below is just my view, trade at your risk
My bias on the daily is bearish the AUDCAD, the CAD performance this month has been quite impressive, Last week we were quite bearish hence i would like to trade on the direction of the current trend, i will wait for a pullback into the range and probably we may mark the weeks high tomorrow as the NZD rate cut may also propel the AUD, i have my shorts at the equilibrium of the current range, the reason am not currently shorting is because we are at current discount area
My bias on the daily is bearish the AUDCAD, the CAD performance this month has been quite impressive, Last week we were quite bearish hence i would like to trade on the direction of the current trend, i will wait for a pullback into the range and probably we may mark the weeks high tomorrow as the NZD rate cut may also propel the AUD, i have my shorts at the equilibrium of the current range, the reason am not currently shorting is because we are at current discount area
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